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Bahamas oil well creditors accept 84% debt hair-cut

Creditors owed a collective $11.3m for the drilling of an exploratory oil well in The Bahamas have agreed to accept a near-84 percent haircut on this debt, it was revealed yesterday.

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UPDATED: Tornado at airport damages plane, cars

A TORNADO at the Lynden Pindling International Airport early yesterday morning caused significant damage to a Bahamasair plane and minor damage to several cars at a nearby car rental agency.

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Swift masters bring home five medals

Making Bahamians proud, Swift swimming masters won five medals at the 14th FINA World Masters Championships - the largest swim meet in the world - in Riccione, Italy, earlier this month. It was a meet that will be remembered as the largest and longest mee

NPBA: Specialists stop Rebels 93-85, Eagles Nest get 96-89 win over Elites

THE Uptown Cuts Specialists and the Leno Eagles Nest prevailed in the New Providence Basketball Association double header at the AF Adderley Gymnasium on Monday night.

Woodside and Capers extend winning streak

DIANGELO Woodside and his Cape Breton Capers concluded the home portion of their Atlantic University Sport regular season and extended their win streak to five games.

'Credibility issue' for small business reform

Bahamian small businesses have virtually zero confidence in the existing Government and private sector institutional support structure that is meant to assist them, creating “a possible credibility issue” for efforts to reform this initiative.

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Pro basketball players take spotlight in France

RADSHAD Davis had another season high, Willis Mackey Jr and Aaron Levarity finally took the court together, and Dominick Bridgewater continues his production to highlight performances from Bahamian players in various pro basketball leagues throughout France.

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Stanhope and crew make a splash

BAHAMIAN rower Ethan Stanhope and the Brentwood College School (Mill Bay, British Columbia) coxed youth men’s quadruple scull crew earned a top half finish at the 54th Head of the Charles Regatta (HOCR). This year’s regatta hosted over 11,000 athlet

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NFL Draft: The Colts select Mike Strachan

Mike Strachan’s lifelong pro football dreams became a reality when he heard his name called on night three of the 2021 National Football League Draft.

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Stopover tourism ‘85% recovered’ this winter

The Bahamas’ stopover tourism business will be “close to 85 percent” of pre-COVID levels by the 2021-2022 winter season, a top hotelier is predicting, with a return to full business levels “very achievable” next year.

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Travis Munnings and club win LPB title in Portugal

TRAVIS Munnings and Sporting Lisboa Benfica completed a dominant season in Portugal’s Liga Portuguesa de Basquetbol (LPB) with the 2022 championship title.

Lecture at Hilton on Trump administration

THE second annual Joan Thompson Memorial Freedom Lecture will be given by Richard Ebelling on February 21 at the British Colonial Hilton Hotel.

‘Uncle Lou’ Adderley set to be inducted October 14

THE late Deacon Leviticus ‘Uncle Lou’ Adderley will be among 10 individuals and one team to be inducted into Saint John’s University’s J-Club Hall of Honour on Saturday, October 14, as part of Homecoming festivities.

Near-total insurance absence 'critical issue'

The deputy prime minister said the near-total absence of hurricane insurance was a “critical issue” after it emerged that Dorian-ravaged communities in Grand Bahama were virtually uninsured. K Peter Turnquest said The Bahamas needs to develop ways t

It’s no joke defending Bahamian sporting pride

EVEN though we don’t celebrate Black History Month like our neighbours to the north in the good old USA, we’ve had many Bahamians contribute in their own way to writing black history throughout the States, especially in sports.

1,000 scholarships available at BTVI

THE government, through the Bahamas Technical and Vocational Institute, is offering 1,000 scholarships to students enrolled in full-time programmes inclusive of preparatory, certificate, diploma and associate degrees.Named The Bahamas Be Your Own Bos

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Plea agreements bring high rate of convictions

THE Director of Public Prosecutions Office secured a high conviction rate of 85 percent in 2021 while its use of plea agreements recovered after COVID-19 caused disruption in 2020, according to Director of Public Prosecutions Garvin Gaskin.

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Buddy Hield scores 19 in 87-82 loss to Heat

INDIANAPOLIS (AP) — Bam Adebayo had 22 points and 17 rebounds and Jimmy Butler scored seven straight points late in the fourth quarter to help the Miami Heat hold off the Indiana Pacers 87-82 last night.

CB Giants tie series, YES Giants go up 2-0 in NPBA Championship

THE New Providence Basketball Association (NPBA) division one and two championships are in full swing and action is already starting to heat up.

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Government approves $2m to rebuild BAMSI dorm

THE government has approved the use of more than $2m to rebuild the Bahamas Agriculture and Marine Science Institute (BAMSI) dormitory that was destroyed by fire in early 2015, according to Agriculture and Marine Resources Minister V Alfred Gray yesterday.